Indianapolis Real Estate Market Review
Posted by Dennis Nottingham on Monday, August 19, 2013 at 11:46 AM
By Dennis Nottingham / August 19, 2013
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MIBOR released its 2013 Indianapolis housing data today and it shows a very strong month for July 2013 and for the 2nd quarter 2013. Â New listings in the area show increase of 15.8 percent ending in July 2013 that is a prior year increase of 4.2 percent from same time in 2012. Â Pending sales are also up to a staggering 18.5 percent from the prior year ending in July. Â The median sales price in the Indianapolis Real Estate market has increased 7.3 percent to 144900 compared to the previous year. Â The report shows that active listings have decreased 11.9 percent from the previous month which again shows that inventory levels are down and right now is a good time to list your home.
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